In this paper, we investigate the degree of real economic interdependence between emerging Asia and major industrial … countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of …, the reverse is also true. Output shocks from emerging Asia (and the People's Republic of China [PRC]) have a significant …

domestic food prices in developing Asia. The findings suggest Asian food markets are more integrated regionally than with the …

borderless. This paper assesses the progress achieved thus far in capital market integration in Asia, and compares regional … that while the pace of regional integration of financial markets in Asia's emerging economies has accelerated in recent …-market returns driven by financial turmoil originating at both the regional and global levels spills over into emerging Asia domestic …

The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region …'s business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless … of macroeconomic interdependence between emerging East Asia and Group of 3 economies. First, the progress of regional …

significantly since the 1997/98 Asian financial crisis. However, emerging Asia's local currency bond markets remain generally …

The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia …'s financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the …-ranging financial reforms, emerging Asia will face dramatic changes in the global financial landscape. The region's authorities need to …

arrangements in East Asia. This paper adds to the literature by assessing the level of business cycle synchronization among 10 … for consideration of a regional currency union in East Asia. Some suggestions are offered concerning steps to build a …

arrangements in East Asia. This paper adds to the literature by assessing the level of business cycle synchronization among 10 … for consideration of a regional currency union in East Asia. Some suggestions are offered concerning steps to build a …